News
Analysis: What factors are driving the rise of consolidation in the legal sector?
Post investigates the reasons behind the consolidation surge in the legal sector after Clyde & Co and BLM become the latest law firms to merge.
Results-led approach to AI could “take the fear away” for sceptical parties
A results-led approach to using artificial intelligence in traditional human-led areas of insurance could help smooth implementation, an insurance expert has explained.
Data Analysis: Awareness campaign needed for drivers before accelerating introduction of AVs
Exclusive: A survey commissioned by Post found there are significant gaps in knowledge when it comes to self-driving vehicles, prompting calls for more education of drivers on the distinction between driver assistance and self driving.
Claims Consortium Group restructures management team for growth
Claims Consortium Group has restructured its management team as part of a five-year strategy which it explains is "designed to drive forward growth and diversification in three core areas – claims, technology and data".
Aviva reports 13% spike in fraud; Accredited hails £2bn Policy Expert deal; Urban Jungle to recruit 100; and PRA warns insurers of ‘significant headwinds’ over climate change
For the record: Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Data Analysis: Q1 results round-up - Aviva, Beazley, Direct Line, Hastings, Hiscox, Lancashire and Sabre
Insurance Post rounds up the first tranche of quarter one results from a host of major insurers.
Real estate providing growth opportunities for regional brokers, finds Ecclesiastical
A revived real estate sector is providing regional brokers with opportunities to grow, research conducted by Ecclesiastical has found.
Insurance Hound: Most read by insurers in March, April and May 2022
Which topics have insurers been reading most about?
OIC portal figures don't show true picture of reforms as driver behaviour has changed with Covid
As driver behaviour changed following the Covid pandemic, it is difficult to draw firm conclusions on the impact the whiplash reforms have had on the number of claims coming through the new system, a conference has heard.
MoJ defends the low proportion of unrepresented claimants using OIC portal
Speaking at the Association of British Insurers’ whiplash event, David Parkin, deputy director for civil justice and law policy at the Ministry of Justice, addressed the criticism that Official Injury Claims portal is not meeting its objectives as less…
Axa XL promotes Benet to global CUO
Axa XL has appointed Libby Benet as global chief underwriting officer, succeeding Nancy Bewlay, who recently assumed leadership of Axa XL’s global reinsurance operation.
Richard Taylor named CEO as HDI restructures in UK & Ireland
HDI Global and HDI Global Specialty will be aligned under one leadership structure, with Richard Taylor as UK & Ireland CEO.
Brit launches online work experience to draw talent into insurance
Brit has partnered with not-for-profit social enterprise GT Scholars to launch online “digital challenges” for young people with the aim of boosting the diversity of talent drawn to careers in the insurance sector.
RSA becomes latest insurance company to back suicide prevention charity R;pple
RSA Insurance has donated £25,000 to R;pple, the suicide prevention charity behind an online interceptive tool designed to provide and support is to individuals conducting searches relating to self-harm or suicide.
Tom Major succeeds Lars Vissing as regional head of claims for London and Nordics at AGCS
Allianz Global Corporate and Specialty has appointed Tom Major as regional head of claims for regional unit of London and Nordics, succeeding Lars Vissing, with effect from 1 June.
Leadership changes as RSA brings customer operations and claims together
RSA has changed its leadership team as it brings customer operations and claims together to create a single function.
Direct underwriters saw retention rates of 70% prior to FCA pricing reforms
Benchmarking analysis data has found that prior to the introduction of the Financial Conduct Authority's pricing reforms, direct underwriters had the highest retention and lowest switching rates.
Capgemini: only 8% of insurers 'Resilience Champions'; Allianz mulls Home & Legacy disposal; CII reports £4.4m deficit; and Questgates buys
For the record: Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Corbin & King verdict leads to ‘dusting off’ of BI claims as Premier League teams issue court action
The legal sector is revisiting business interruption claims that might have been mothballed after the Financial Conduct Authority Test case as the Corbin & King verdict reopens the possibility of policyholders being able to bring claims under their non…
Motor premiums still in decline in real terms, says ABI
Motor insurance premiums are still at a seven-year low in real terms, despite optimism from other tracking publications, according to the Association of British Insurers.
Insurance-related nuisance calls and texts rose by 40% in 2021
After improving in 2020, insurance-related nuisance calls and messages rose by 40% in 2021, with Information Commissioner's Office receiving 3989 complaints.
QBE appoints RSA's Germain as group chief information officer
David Germain joined QBE’s London office as group chief information office in April.
Getsafe adds buildings insurance in the UK as it targets the top digital spot
Insurtech firm Getsafe is aiming to be one of Europe’s leading digital insurers as it launches buildings insurance to complete its home insurance proposition in the UK.
Insurance Post TV: Price walking special – what impact has the FCA ban had on the personal lines market?
Insurance Post reveals the latest episode of its ‘magazine-style’ television show.